G. Kennedy Thompson

Independent Director

Kennedy Thompson served as a principal of Aquiline Capital Partners LLC, a New York based financial services private equity firm, from 2009 until April, 2019, when he retired. He was also president and chief executive officer of Wachovia Corporation from 1999 to 2008. He worked at Wachovia and First Union Corporation for 32 years. 

Thompson served in numerous industry leadership positions, including chairman of The Clearing House, chairman of The Financial Services Roundtable, chairman of the Financial Services Forum, and president of the International Monetary Conference. He served on the Federal Advisory Council of the Federal Reserve Board for three years and was president in 2007. Thompson served on the board of Hewlett-Packard Company, a SEC-registered public technology company, from 2006 until May 24, 2013, and Carolinas Healthcare System. Thompson currently serves on the boards of Lending Tree, Inc. and Insteel Industries, Inc., both of which are SEC-registered public companies.

Thompson received a B.A. from the University of North Carolina at Chapel Hill and an M.B.A. from Wake Forest University. The Board believes that Thompson’s expertise in analyzing companies in the financial services industry and extensive knowledge of Pinnacle’s industry and its competition and his involvement in community activities in his home state of North Carolina make him a valuable member of the Board.